Streetbeat News

ZBAO

Zhibao Technology Inc.

Open

2.10

Mkt cap

63M

Volume

48K

High

2.20

P/E Ratio

33.33

52-wk high

5.70

Low

1.96

Div yield

N/A

52-wk low

1.96

Zhibao Technology Inc. (NASDAQ: ZBAO) is expanding into the pet insurance market in China through its 'Chong Bao Bao' platform. The company has signed a strategic cooperation and investment agreement with UAN Pets.

Portfolio Pulse from

December 19, 2024 | 2:15 pm

Zhibao Technology Inc. (NASDAQ: ZBAO) co-hosted the first Longevity Risk Conference in Shanghai, collaborating with the Shanghai Insurance Exchange and the University of International Business and Economics.

Portfolio Pulse from

December 10, 2024 | 2:15 pm

Zhibao Technology reported a 29% increase in FY24 revenue to $25.27M and an EPS of $0.06. The company turned a profit from operations, reversing a loss from the previous year. Investments in selling and R&D increased significantly, and the company expanded its B channels and customer base.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:33 am

Zhibao Technology Inc. (NASDAQ:ZBAO) announced that its subsidiary, Sunshine Insurance Brokers, has secured a contract to provide 'Hui Jia Bao' homeowners' insurance in Nanjing, China. This marks the expansion of Zhibao's digital insurance solutions in a major Chinese city.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:02 pm

Zhibao Technology shares surged 18.8% in pre-market trading after winning a tender to provide services to the People’s Insurance Company of China. Other notable pre-market movers include Sify Technologies, Aptose Biosciences, and United States Steel Corporation.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 9:13 am

Zhibao Technology shares rise as the company secures a contract to provide high-end medical third party administration services to the People's Insurance Company of China Limited.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:26 pm

Zhibao Technology Inc. (NASDAQ:ZBAO) has won a tender to provide high-end medical third party administration services to the People's Insurance Company of China Limited (PICC Group). This contract, valued at CNY 28 million over three years, designates Zhibao as one of four exclusive vendors for PICC Group subsidiaries. The deal enhances Zhibao's access to PICC's extensive network, benefiting its Managing General Underwriting business and strengthening its digital insurance brokerage operations.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:07 pm

Zhibao has entered into a strategic investment cooperation with Sport Covers to develop a new business model in digital sports and insurance brokerage. The partnership is expected to significantly boost Zhibao's revenue over the next few years, with projected increases of CNY 20M in 2024, CNY 50M in 2025, and CNY 80M in 2026. Zhibao aims to capture a substantial share of the sports-related insurance market, targeting 10% by 2024, over 15% by 2025, and more than 20% by 2026.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:38 pm

Zhibao Technology reported a 6-month EPS of $(0.03) and revenue of $11.9M, down 8% YoY. The decline was mainly due to reduced insurance brokerage service fees and MGU services. Despite the losses, the company is optimistic about future growth through organic means and strategic M&A opportunities.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 8:05 pm

Trading for the IPO security ZBAO was halted but has now resumed as of 10:35 AM ET.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:35 pm

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